No
If you are in default on a student loan, any payments due to you from the government may be withheld and applied to the loan.
It means your Illinois student loan is delinquent.
It is to my knowledge that great lakes banks offer a student loan at about an 11% flat rate of return. There are many better services though to acquiring a student loan.
Probably not.
Depends on what type of student loan. If it's a Stafford, no. If it's a PLUS loan, yes.
If it was taken out before you were 18, it's your parents. After that, it depends on the kind of student loan, and who signed the papers.
No. If you need additional federal financial aid, you can apply for it before you return to school, just like you did before you attended school the 1st time. Once you've actually obtained more student loans that are in repayment, you may be eligible to consolidate them with your existing loan(s).
yes - it can be garnished for any federal obligations
Parent Loan: A parent is getting the loan Student loan: A student is getting the loan
There are many places to research student loan settlement. You can look at various places on the web or at many banks. Looking for loan settlements can be difficult start by checking www.wellsfargo.com/student
what is a student loan grant?
Yes, but you should find out how much Grant money and Federal student loan money you are eligible for before applying for Private student loans. Grants are free and Federal student loans are cheap. Private student loans are very expensive. Avoid them if you can.